The minimum repayment amount of each bank's credit card is generally 1% of the bill amount. Once the minimum repayment amount is selected, the cardholder will no longer enjoy the interest-free treatment of the credit card. All the expenses in the bill will be charged with interest of .5 ‰ per day from the day of credit card swiping, and the interest will be calculated from the day of credit card swiping, not the day of final repayment.
credit card bill installment payment is one of the types of credit card installment payment, which means that the credit card holder requests the credit card center to return the consumption amount to the bank in installments after using the credit card to swipe the card.
installment payment of credit card bills is the simplest installment payment method. You only need to call the bank credit card center or log in to personal online banking to apply for installment payment during the period from the credit card consumption to the due repayment date. Generally, as long as you have no bad personal credit record, you can get approval.
the minimum repayment amount is the minimum amount to be repaid in the current month when revolving credit is used, and the minimum repayment amount is listed on the current bill. The calculation method of the minimum repayment amount of each bill: the minimum repayment amount = 1% for all general transactions in the credit card account+1% for all outstanding installment transactions in the account+1% for the unpaid part of the minimum repayment amount in the previous period+1% for all the money used in excess of the credit limit of the account+1% for expenses+1% for interest.
Generally, the application for bill installment can be accepted by calling the customer service center of the issuing bank or telephone banking. ICBC cardholders can apply for installment payment at ICBC outlets, ICBC online banking, telephone banking and mobile banking, and China Merchants Bank can apply for it at the bank's online banking. Relevant persons of CCB reminded cardholders that although various banks have introduced bill installment payment, it does not mean that every cardholder can pay by credit card installment.
generally, banks should evaluate the credit status of cardholders according to their credit limit and credit records of card consumption. Only after the assessment is passed can the cardholder make the installment payment smoothly; If the evaluation result is not satisfactory, the bank may reject the cardholder's application for installment payment, or fail to give the cardholder the amount of installment payment he wants. Cardholders can fully consider their own financial situation and apply for installment by telephone.
the minimum consumption of each bank applying for installment is basically between 5 and 1,5 yuan, among which ICBC is 6 yuan, CCB, BOC and CMB are 1 yuan, Bank of Communications is 1,5 yuan (Y-power card is a single 5 yuan) and CITIC is 1,2 yuan, while Agricultural Bank of China and Guangfa Bank stipulate that the amount of a single credit card is 5 yuan or more, so they can apply for installment. Everbright Bank does not require the amount. As long as the cardholder uses the designated card, the bill will be automatically divided into 12 installments.